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    <lastBuildDate>Wed, 08 Feb 2012 05:00:02 PDT</lastBuildDate>
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      <title>U.S. data calms EU jitters</title>
      <link>http://www.castanet.net/edition/news-story-70632-958-.htm#70632</link>
      <pubDate>Wed, 08 Feb 2012 05:00:00 PDT</pubDate>
      <description>
	Big Picture

	Europe struggles to rekindle growth amid austerity

	European Union leaders met in Belgium on Monday to discuss ways to rekindle growth and create jobs, as aggressive austerity measures have propelled many eurozone countries back into recession. The jobless rate in the eurozone ...</description>
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    <item>
      <title>Greek debt talks hit snag</title>
      <link>http://www.castanet.net/edition/news-story-70257-958-.htm#70257</link>
      <pubDate>Wed, 01 Feb 2012 05:00:00 PDT</pubDate>
      <description>
	Big Picture

	Greek debt talks hit snag; U.S. may ease

	Greek debt-restructuring talks hit an impasse on Tuesday as private sector creditors pushed for a higher interest rate on the new bonds, arguing they are already taking a 50% write-down on existing bonds worth US$265-billion. A debt res...</description>
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    <item>
      <title>U.S. stocks near six-month high</title>
      <link>http://www.castanet.net/edition/news-story-69971-958-.htm#69971</link>
      <pubDate>Wed, 25 Jan 2012 05:00:00 PDT</pubDate>
      <description>
	&amp;nbsp;

	Big Picture

	IMF seeks US$600-billion boost in funds

	The IMF is seeking to more than double its lending resources by raising US$600-billion to help countries deal with the fallout of the eurozone debt crisis, but the plan faces some resistance. The U.S. and Canada said that ...</description>
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    <item>
      <title>Stocks rally at start of new year</title>
      <link>http://www.castanet.net/edition/news-story-69694-958-.htm#69694</link>
      <pubDate>Wed, 18 Jan 2012 05:00:00 PDT</pubDate>
      <description>
	&amp;nbsp;

	Big Picture

	German economy stalls; Italy, Spain raise debt

	Germany&amp;rsquo;s economic growth averaged a robust 3% in 2011 &amp;ndash; twice that of the U.S. and the rest of the eurozone &amp;ndash; but a foreboding 0.25% contraction in the final quarter has prompted fears...</description>
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